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Losses down at Palace

2021/22 accounts for Crystal Palace show revenue up 21% to £160m.  Wages down 5% to £124m.  Losses down 60% to £20m. Player purchases £89m. Player sales £0m.

Since 30 June Palace have bought players for £38m, taken out a £12m loan and issued £30m of fresh shares.

Palace's squad cost now at a record £233m.  Palace bought players for £89m in 21/22, second highest investment in club history.

Wages down mainly due to 20/21 accounts covered 13 months so a bit distorted. Wages little change over last five years but fallen significantly as a % of revenue.

Commercial income at record level due to new sponsor deals.   Broadcast income up as Palace finish 12th in the table but from a bigger overall TV pie/

Palace have total borrowings of £82m. 


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